Operational function of the International Seabed Authority (study in the light of the provisions of the 1982 United Nations Convention on the Law of the Sea and the provisions of the 1994 New York Agreement)

Document Type : Original Article

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Faculty of Law - Mansoura University

Abstract

During the negotiations of the Third United Nations Conference on the Law of the Sea, the question of who could exploit the resources of the international zone was one of the issues of contention between the industrialized countries on the one hand and the developing countries on the other. The industrialized countries believed that the role of the international authority should be limited to the delivery of exploitation permits to the states, provided that it had no discretionary power in this regard, while the developing countries believed that the international authority should have not only discretion regarding the exploration and exploitation of the international zone but also be qualified to exploit itself The resources of the international zone through its operational arm, which is represented in the project. The conference eventually adopted a compromise under which the international zone would be exploited by a parallel exploitation regime.

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